KHAICHEMBSEKHAITAN CHEM & FERT LTDLowNeutral
Announced Wed, 22 Jul · 13:33 IST

Khaitan Chem 44th AGM: all 7 resolutions cleared, Re 0.05 dividend

Board & Shareholder Meetings View source PDF

KHAICHEM · price

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AI summary

Khaitan Chemicals held its 44th AGM on July 21, 2026 via video conferencing. All 7 resolutions passed, including adoption of FY26 audited financials, a Re 0.05 per share dividend (5 percent on face value), reappointment of Praveen Uniyal as director, ratification of cost auditor pay, increase in borrowing limits under Section 180(1)(c), creation of charge to secure borrowings up to Re 800 crore, and reappointment of Utsav Khaitan as Joint Managing Director. About 72.7 percent of shares were voted, with promoters backing all items.

Likely market impact

Routine AGM clearances with strong majority. Dividend is small at 5 percent. Higher borrowing limit up to Re 800 crore suggests growth plans.